Mahindra & Mahindra Financial Services Limited (M&M Financial Services) has released its business updates for the third quarter of FY2025, highlighting robust growth across key metrics. The company has recorded a ~7% Year-on-Year (YoY) growth in overall disbursements, estimating Rs. 16,450 crore for Q3 FY25. For the first nine months of FY2025, disbursements stood at approximately Rs. 42,350 crore, reflecting a growth of around 4% YoY.
Business assets surged by approximately 18% from December 2023, reaching an estimated Rs. 1,14,900 crore as of December 31, 2024. The company also reported a stable collection efficiency (CE) of 95% for Q3 FY25, consistent with the same period last year.
Furthermore, Mahindra & Mahindra Financial Services noted a slight decrease in Stage-3 assets, with an estimated ratio of 3.9% as of December 31, 2024, compared to 4.0% in December 2023. Stage-2 assets were estimated at around 6.3%, slightly up from 6.0% in the previous year.
The company continues to maintain a healthy liquidity position, with a liquidity chest of over Rs. 9,100 crore, ensuring financial stability and flexibility moving forward.
